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Side-by-side financial comparison of Celanese Corp (CE) and Viatris (VTRS). Click either name above to swap in a different company.

Viatris is the larger business by last-quarter revenue ($3.7B vs $2.3B, roughly 1.6× Celanese Corp). On growth, Viatris posted the faster year-over-year revenue change (5.0% vs -2.2%). Viatris produced more free cash flow last quarter ($619.3M vs $3.0M). Over the past eight quarters, Viatris's revenue compounded faster (0.5% CAGR vs -6.1%).

Celanese Corporation, formerly known as Hoechst Celanese, is an American technology and specialty materials company headquartered in Irving, Texas. It is a Fortune 500 corporation. The company is the world's leading producer of acetic acid, producing about 1.95 million tonnes per year, representing approximately 20% of global production. Celanese is also the world's largest producer of vinyl acetate monomer (VAM).

Viatris Inc. is an American global pharmaceutical and healthcare corporation headquartered in Canonsburg, Pennsylvania. The corporation was formed through the merger of Mylan and Upjohn, a legacy division of Pfizer, on November 16, 2020.

CE vs VTRS — Head-to-Head

Bigger by revenue
VTRS
VTRS
1.6× larger
VTRS
$3.7B
$2.3B
CE
Growing faster (revenue YoY)
VTRS
VTRS
+7.2% gap
VTRS
5.0%
-2.2%
CE
More free cash flow
VTRS
VTRS
$616.3M more FCF
VTRS
$619.3M
$3.0M
CE
Faster 2-yr revenue CAGR
VTRS
VTRS
Annualised
VTRS
0.5%
-6.1%
CE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CE
CE
VTRS
VTRS
Revenue
$2.3B
$3.7B
Net Profit
$48.0M
Gross Margin
20.0%
31.1%
Operating Margin
-5.2%
Net Margin
2.1%
Revenue YoY
-2.2%
5.0%
Net Profit YoY
340.0%
EPS (diluted)
$0.41
$-0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CE
CE
VTRS
VTRS
Q1 26
$2.3B
Q4 25
$2.2B
$3.7B
Q3 25
$2.4B
$3.7B
Q2 25
$2.5B
$3.6B
Q1 25
$2.4B
$3.2B
Q4 24
$2.4B
$3.5B
Q3 24
$2.6B
$3.7B
Q2 24
$2.7B
$3.8B
Net Profit
CE
CE
VTRS
VTRS
Q1 26
$48.0M
Q4 25
$14.0M
Q3 25
$-1.4B
Q2 25
$199.0M
Q1 25
$-21.0M
Q4 24
$-1.9B
Q3 24
$116.0M
Q2 24
$155.0M
Gross Margin
CE
CE
VTRS
VTRS
Q1 26
20.0%
Q4 25
19.1%
31.1%
Q3 25
21.5%
36.6%
Q2 25
21.1%
37.3%
Q1 25
19.9%
35.8%
Q4 24
22.7%
34.6%
Q3 24
23.5%
39.0%
Q2 24
24.2%
38.2%
Operating Margin
CE
CE
VTRS
VTRS
Q1 26
Q4 25
4.0%
-5.2%
Q3 25
-52.7%
4.8%
Q2 25
9.2%
6.5%
Q1 25
7.0%
-88.9%
Q4 24
-59.3%
-5.1%
Q3 24
9.4%
6.0%
Q2 24
9.4%
-6.3%
Net Margin
CE
CE
VTRS
VTRS
Q1 26
2.1%
Q4 25
0.6%
Q3 25
-56.1%
Q2 25
7.9%
Q1 25
-0.9%
Q4 24
-80.8%
Q3 24
4.4%
Q2 24
5.8%
EPS (diluted)
CE
CE
VTRS
VTRS
Q1 26
$0.41
Q4 25
$0.13
$-0.34
Q3 25
$-12.39
$-0.11
Q2 25
$1.81
$0.00
Q1 25
$-0.19
$-2.55
Q4 24
$-17.50
$-0.43
Q3 24
$1.06
$0.08
Q2 24
$1.41
$-0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CE
CE
VTRS
VTRS
Cash + ST InvestmentsLiquidity on hand
$1.8M
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$4.5M
$14.7B
Total Assets
$21.7M
$37.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CE
CE
VTRS
VTRS
Q1 26
$1.8M
Q4 25
$1.3B
Q3 25
$975.3M
Q2 25
$566.4M
Q1 25
$755.0M
Q4 24
$734.8M
Q3 24
$1.9B
Q2 24
$917.2M
Total Debt
CE
CE
VTRS
VTRS
Q1 26
Q4 25
$11.4B
Q3 25
$11.7B
Q2 25
$12.7B
Q1 25
$12.4B
Q4 24
$11.1B
Q3 24
$11.3B
Q2 24
$11.1B
Stockholders' Equity
CE
CE
VTRS
VTRS
Q1 26
$4.5M
Q4 25
$4.0B
$14.7B
Q3 25
$4.0B
$15.2B
Q2 25
$5.3B
$15.6B
Q1 25
$5.2B
$15.7B
Q4 24
$5.2B
$18.6B
Q3 24
$7.3B
$19.8B
Q2 24
$7.2B
$19.5B
Total Assets
CE
CE
VTRS
VTRS
Q1 26
$21.7M
Q4 25
$21.7B
$37.2B
Q3 25
$22.2B
$37.9B
Q2 25
$23.7B
$38.4B
Q1 25
$23.2B
$38.5B
Q4 24
$22.9B
$41.5B
Q3 24
$25.9B
$44.8B
Q2 24
$25.8B
$45.3B
Debt / Equity
CE
CE
VTRS
VTRS
Q1 26
Q4 25
2.81×
Q3 25
2.95×
Q2 25
2.41×
Q1 25
2.39×
Q4 24
2.14×
Q3 24
1.56×
Q2 24
1.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CE
CE
VTRS
VTRS
Operating Cash FlowLast quarter
$815.8M
Free Cash FlowOCF − Capex
$3.0M
$619.3M
FCF MarginFCF / Revenue
0.1%
16.8%
Capex IntensityCapex / Revenue
2.8%
5.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$871.0M
$1.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CE
CE
VTRS
VTRS
Q1 26
Q4 25
$252.0M
$815.8M
Q3 25
$447.0M
$744.9M
Q2 25
$410.0M
$219.7M
Q1 25
$37.0M
$535.5M
Q4 24
$494.0M
$482.7M
Q3 24
$79.0M
$826.5M
Q2 24
$292.0M
$379.1M
Free Cash Flow
CE
CE
VTRS
VTRS
Q1 26
$3.0M
Q4 25
$168.0M
$619.3M
Q3 25
$383.0M
$658.1M
Q2 25
$317.0M
$166.8M
Q1 25
$-65.0M
$492.9M
Q4 24
$389.0M
$342.3M
Q3 24
$-9.0M
$749.5M
Q2 24
$187.0M
$320.3M
FCF Margin
CE
CE
VTRS
VTRS
Q1 26
0.1%
Q4 25
7.6%
16.8%
Q3 25
15.8%
17.6%
Q2 25
12.5%
4.7%
Q1 25
-2.7%
15.2%
Q4 24
16.4%
9.7%
Q3 24
-0.3%
20.1%
Q2 24
7.1%
8.5%
Capex Intensity
CE
CE
VTRS
VTRS
Q1 26
2.8%
Q4 25
3.8%
5.3%
Q3 25
2.6%
2.3%
Q2 25
3.7%
1.5%
Q1 25
4.3%
1.3%
Q4 24
4.4%
4.0%
Q3 24
3.3%
2.1%
Q2 24
4.0%
1.6%
Cash Conversion
CE
CE
VTRS
VTRS
Q1 26
Q4 25
18.00×
Q3 25
Q2 25
2.06×
Q1 25
Q4 24
Q3 24
0.68×
Q2 24
1.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CE
CE

Segment breakdown not available.

VTRS
VTRS

Brands$1.2B32%
Generics$1.1B29%
Lipitor$377.3M10%
Norvasc$175.2M5%
Other$136.6M4%
Lyrica$119.8M3%
Viagra$104.2M3%
Creon$98.9M3%
Epi Pen Auto Injectors$79.0M2%
Yupelri$70.6M2%
Effexor$68.1M2%
Zoloft$66.8M2%
Celebrex$66.2M2%
Xalabrands$42.0M1%
Dymista$38.6M1%

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